The board shall make a deficiency assessment on the basis of a proposal submitted to it by the commissioner pursuant to Section 12422 or 12423.
Cal. Rev. & Tax. Code § 12424
Deficiency Assessments
Applied in 1 court decision — leading case 4 Cal. 4th 715 - Title Insurance. Co. v. State Board of Equalization (1992)
Most recently applied in 4 Cal. 4th 715 - Title Insurance. Co. v. State Board of Equalization (December 1992)
Added by Stats. 1961, Ch. 740.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.